Travel

GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS OF THE HOSPITALITY INDUSTRY IN THE UNITED ARAB EMIRATES (2021-2026)

The industry is divided into two segments: chain hotels and independent hotels (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid Scale Hotels and Luxury Hotels).

Market Overview

The region’s robust growth has been aided by the country’s strategic position, fast-growing world-class airlines, and strengthened transportation infrastructure. Two-thirds of the world’s population lives within an eight-hour flight distance of the United Arab Emirates, and international airlines such as Emirates and Etihad Airways, which provide best-in-class international travel, are becoming major drivers of the country’s tourism sector’s growth. The country has experienced strong and sustained growth over the last decade as a result of improving these sectors. Home to the best 5 star hotels in Dubai and other Emirates. Leisure facilities have been an important part of the United Arab Emirate’s economic diversification policy, assisting the country in attracting foreign hospitality giants such as Marriott International, Hyatt, Hilton, and The H Hotel Dubai. In the meantime, the domestic hospitality groups DAMAC, Emaar, and Jumeirah expanded rapidly in the region. The tourism and hospitality sector grew rapidly during the 2007–2017 decade, increasing its direct contribution to the country’s gross domestic product by 138 percent and increasing sectoral jobs by 119 percent. Due to the COVID – 19 pandemic, the Dubai Expo has been pushed back to 2021, which is expected to attract even more investors to the region.

Scope of The Report

The study provides a comprehensive context analysis of the Hospitality Industry in the United Arab Emirates, including an evaluation of industry associations, the overall economy, emerging market developments by segments, major changes in market dynamics, and a market overview.

Key Market Trends

More investments are being attracted by strong key performance indicators.

The government’s ambitious policies to boost demand for the region and increase visitor growth by easing visa restrictions for key source markets have benefited the region, allowing it to record rising key performance indicators. In the United Arab Emirates, hotels of various segments, ranging from budget and economy to luxury, have averaged about 70% occupancy rates between 2015 and 2018, with an average 10-year revenue per available room of USD 97 over the last four years. Over the last decade, the average revenue of hotels in Dubai was USD 201, followed by USD 165 in Abu Dhabi and USD 114 in the Northern Emirates, bringing the country’s average revenue to USD 137.

The Hospitality Industry is Being Driven by an Increase in Leisure Tourism to the Country.

Dubai Tourism Commerce & Marketing (DTCM) reported that 15.92 million tourists stayed in Dubai for the night in 2018. Dubai had the highest spend per traveler worldwide in 2018, according to the Mastercard Global Destination Cities Index. They have stayed in Hotel apartments in Dubai, Dubai Luxury hotels, and the best 5-star hotels in Dubai. The United Arab Emirates has established itself as a premier tourism and leisure destination in the world, thanks to its excellent shopping and entertainment facilities.Warner Bros. World in Abu Dhabi, Sea World, Guggenheim, and the under-construction Six Flags Dubai are just a few of the attractions that are expected to draw a large number of visitors to the country.

Competitive Landscape

In the United Arab Emirates, the hospitality industry offers a lot of opportunities for newcomers. Marriott, an American hospitality conglomerate, has a large presence in the country, with more than 55 hotels spread throughout the country’s major cities, totaling about 16,000 rooms and keys. Many domestic hospitality companies, such as Jumeirah Group, DAMAC Group, and Emmar Hospitality, dominate the business, with locations in Dubai, Abu Dhabi, Fujairah, Ras Al Khaimah, Sharjah, and Ajman.

The H Hotel Dubai

This 5-star hotel which is arguably the best hotel in Dubai has 236 spacious rooms and suites, as well as a residential tower, an office tower, and a creative events center. The H Dubai one of the best hotels in Dubai for couples offers the best of both worlds during your stay. Explore 11 dining options with a wide range of cuisines and regular live entertainment, rejuvenate at the award-winning Mandara Spa, or spend relaxing days at our outdoor pool.

The H Hotel Ramadan Offers

Prices start at AED 299 per night.

With this fantastic staycation deal, you can immerse yourself in Ramadan traditions. Stay for the whole Holy Month and receive free Suhour, 50% off Iftar, and spa treatments. There has never been a better time to celebrate the Holy Month than with a stay at The H Dubai!

Package Includes:

– Overnight stay in a Deluxe room

– Complimentary Suhour

– 50% off on Iftar at Eat & Meat

– 50% off at Mandara Spa

*Offer valid for website bookings only

Every day from sunset to 10.30 p.m.

Enjoy an unforgettable Iftar with a specially selected menu delivered right to your table. Create lasting memories with sumptuous family-style sharing dishes like hot and cold mezze, mixed barbecue, lamb ouzi, and delectable Arabic sweets.

For stays between the 12th and 16th of May, rates start at AED 299 per night.

Enjoy a luxurious city escape with family and friends while celebrating the wonderful blessings of Eid al-Fitr. If you stay for a minimum of four nights, you’ll get a 30% discount on the best available room rates. Take a culinary journey through the hotel’s ten dining and entertainment options, or relax at the Mandara Spa and outdoor pool.

Treatments cost AED 299 for 60 minutes and AED 499 for 90 minutes.

Relax and unwind at the Mandara Spa with an Asian-Arabesque signature ritual. This Ramadan, treat yourself to a full body massage using your favorite herbal oil blends paired with the therapist’s intuitive hands for a truly authentic Arabian experience. This Holy Month, make time for some well-earned rest and relaxation.

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